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Thursday, May 24, 2007

(2) Nifty Chart For 24/05/07

NIFTY CHART


Nifty : Once again Nifty at crucial support level.. From last two day we say in our post that Sensex old high work as hurdle for this up move...Still nothing looks bed in daily chart. As far as Nifty trade above 4205 every decline gives us buying opportunity. With S.L 4205.. Worry for bulls only if break 4205...till then hold your position and go long. Resistance for up move at 4265.And for up move required break of 4265 must be. Next resistance 4280...Support for down side at 4228/4213/4205.. Trade with our Nifty spot buy/sell level…(kindly check Sensex intra day post for strong support level)

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